USDJPY final push into the 130.00 danger zone?
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We have seen USDJPY recently pullback and consolidate after the extended run towards 130.00 on the H4 timeframe.
The pair found support and a base at 127.50 which has led to a breakout of the falling wedge. We are also seeing a clean breakout on the RSI.
IF the breakout is sustained and the pair clears 128.20, then we could see USDJPY make a run towards the 130.00 danger zone again prior to the BOJ meeting.
The pair found support and a base at 127.50 which has led to a breakout of the falling wedge. We are also seeing a clean breakout on the RSI.
IF the breakout is sustained and the pair clears 128.20, then we could see USDJPY make a run towards the 130.00 danger zone again prior to the BOJ meeting.
Dagangan ditutup: sasaran tercapai
UJ buyers stepped in and we saw a massive move straight to target into 130.00
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